China

Politics

Biden admin says Huawei is 'national security threat'

After an investigation into Chinese tech giant Huawei linked the massive company to mass surveillance campaigns by the Chinese Communist Party, the National Security Council says the White House is as cautious as ever toward the enigmatic conglomerate.

Markets

Beijing reins in China’s central bank

The People’s Bank of China has never been politically independent, but it has enjoyed a special status. Now, President Xi Jinping’s shakeup of China’s financial sector is stripping that away.